The U.S. property/casualty market sustained an estimated $21.1 billion in underwriting losses in 2023, hi...
Mitigation Efforts Won't Stop Cyber Damage and Related Rate Hikes in 2022 - Carrier Management
As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in 2022...
As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in 2022...
Article / 2 years ago
Fitch Ratings Analyzes Global Insurers Cyber Risk
The latest report from Fitch Ratings uses SecurityScorecard’s (SSC) grading platform to analyze the cybersecurity...
The latest report from Fitch Ratings uses SecurityScorecard’s (SSC) grading platform to analyze the cybersecurity...
Article / 3 years ago
Ransomware Attacks a Growing Global Security and Financial Threat
The recent proliferation of ransomware attacks underscores how cyber risk is cutting across sectors and becoming a growing global security and financial threat...
The recent proliferation of ransomware attacks underscores how cyber risk is cutting across sectors and becoming a growing global security and financial threat...
Article / 3 years ago
Climate Risk and the Coronavirus Pandemic: Coronavirus Crisis Response May Accelerate Energy Transition in Some Regions, Slow Others
Coronavirus crisis response may accelerate energy transition in some regions slow others...
Coronavirus crisis response may accelerate energy transition in some regions slow others...
Article / 4 years ago
Coronavirus to Reduce Chinese Insurers' Earnings
Fitch Ratings expects the recent outbreak of novel coronavirus infections to put some pressure on Chinese insurers' profitability in the near term, but that earnings pressure will be manageable...
Fitch Ratings expects the recent outbreak of novel coronavirus infections to put some pressure on Chinese insurers' profitability in the near term, but that earnings pressure will be manageable...
Article / 4 years ago
Financial Institutions Face Growing Cyber Risk Ratings Pressure
As banks and non-bank financial institutions (NBFIs) embrace the evolving digitization of financial services and become more interconnected through tie-ups and partnerships, risk controls...
As banks and non-bank financial institutions (NBFIs) embrace the evolving digitization of financial services and become more interconnected through tie-ups and partnerships, risk controls...
Article / 4 years ago
Silent Cyber Assessment Key to Managing Evolving Insurance Risk
Property and Casualty (P/C) insurers are gradually gaining sophistication in measuring risk aggregations and modeling potential losses from catastrophic cyber events, but efficacy of this...
Property and Casualty (P/C) insurers are gradually gaining sophistication in measuring risk aggregations and modeling potential losses from catastrophic cyber events, but efficacy of this...
Article / 5 years ago
Korean Insurers' Profitability to be Under Pressure in 2020
Fitch Ratings maintains a stable outlook for the Korean insurance sector, with strengthening of capital adequacy following the tightening in the regulatory...
Fitch Ratings maintains a stable outlook for the Korean insurance sector, with strengthening of capital adequacy following the tightening in the regulatory...
Article / 5 years ago
Fitch Ratings 2020 Outlook: Korean Insurance
Outlook Remains Stable; Pressure on Profitability...
Outlook Remains Stable; Pressure on Profitability...
Report / 5 years ago
China's New Rules Unlikely to Increase Insurers' Appetite for Trust Products
The China Banking and Insurance Regulatory Commission's recent rules to regulate insurers' investments in trust products will benefit the industry...
The China Banking and Insurance Regulatory Commission's recent rules to regulate insurers' investments in trust products will benefit the industry...
Article / 5 years ago
